William Blair has initiated coverage on APA Corp (US) (APA) with an Outperform rating as of November 25, 2025. The current stock price stands at $24.67.
This marks the firm's first assessment of APA Corp, which explores for oil and natural gas through its subsidiaries. Headquartered in Houston, Texas, the company operates primarily in the United States, Egypt, and the United Kingdom, with exploration efforts extending to offshore Suriname. APA Corp maintains a diversified asset portfolio, focusing on both conventional and unconventional oil and gas production, particularly in the Permian Basin of West Texas.
As of the latest financial snapshot, APA Corp has a market capitalization of $8.7 billion, a price-to-earnings ratio (P/E) of 5.74, and an earnings per share (EPS) of 4.16. The company also boasts a substantial dividend yield of 409.7%.
The upcoming earnings reports are scheduled for May 5, 2026, and August 4, 2026, with estimated EPS of $0.72 and $0.70, respectively. Recent earnings performance indicates strong results, with Q3 2025 EPS of $0.93 surpassing estimates by 16.7%.
Analyst ratings represent professional assessments based on research and financial models. They should be considered alongside other factors, including company fundamentals and market trends, when making investment decisions. Ratings can change over time as new information emerges, reflecting the dynamic nature of market conditions.